{"id":7840,"date":"2017-09-19T00:00:00","date_gmt":"2017-09-18T18:30:00","guid":{"rendered":""},"modified":"2017-09-19T00:00:00","modified_gmt":"2017-09-18T18:30:00","slug":"certain-clarifications-sought-on-construction-services-provided-in-the-real-estate-sector-reg","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=7840","title":{"rendered":"Certain Clarifications sought on Construction Services provided in the Real Estate Sector \u2013 reg."},"content":{"rendered":"<p>Certain Clarifications sought on Construction Services provided in the Real Estate Sector \u2013 reg.<br \/>C. No. IV\/16\/122017-CCO(TVM) Dated:- 19-9-2017 Trade Notice<br \/>GST<br \/>Government of India<br \/>\nMinistry of Finance<br \/>\nDepartment of Revenue<br \/>\nOffice of the Chief Commissioner<br \/>\nCentral Tax, Central Excise &#038; Customs<br \/>\nThiruvananthapuram Zone<br \/>\nCentral Revenue Building<br \/>\nI.S. Press Road, Kochi &#8211; 682018<br \/>\nC. No. IV\/16\/122017-CCO(TVM)<br \/>\nPh: 0484-2394100\/0404<br \/>\nFax : 0484-2397614<br \/>\nE-mail : cccochin@nic.in<br \/>\nDated 19.09.2017<br \/>\nSub : Certain Clarifications sought on Construction Services provided in the Real Estate Sector &#8211; reg.<br \/>\nPlease refer to your letter dated 29.08.2017 wherein certain clarifications were sought on the Construction Services provided in the Re<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/circulars?id=56151\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p>ier&#8221;. The value of supply of services falling under the said Sl. No. are eligible for one third deemed deduction, on account of Transfer of Land or Undivided Share of land, if the transaction value includes the value of the land transferred as per and as delineated in para 2 of the said Notification. This one third deemed deduction on account of transfer of Land or Undivided Share of land is irrespective of the actual value of the land transferred. However, the said deemed deduction is not available when there is no transfer of land or undivided share of land.<br \/>\n3. Real Estate projects based on Joint Venture Agreements entered into by a Developer and a Land Owner, if otherwise legal and proper as per the governing laws, are also eligible for<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/circulars?id=56151\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Certain Clarifications sought on Construction Services provided in the Real Estate Sector \u2013 reg.C. No. IV\/16\/122017-CCO(TVM) Dated:- 19-9-2017 Trade NoticeGSTGovernment of India Ministry of Finance Department of Revenue Office of the Chief Commissioner Central Tax, Central Excise &#038; Customs Thiruvananthapuram Zone Central Revenue Building I.S. Press Road, Kochi &#8211; 682018 C. No. IV\/16\/122017-CCO(TVM) Ph: 0484-2394100\/0404 &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=7840\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Certain Clarifications sought on Construction Services provided in the Real Estate Sector \u2013 reg.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7840","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/7840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7840"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/7840\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}